Comments

  • cam . # .
    The other issue NZ would face: is tax autonomy. Au has a horrible vertical tax imbalance where the feds do 80% of taxation and the states are reliant on fed funding for 50% of their budgets. As that article mentioned NZ has all the benefits of being closely tied to Au, a kind of permanent resident federalism, it would be unwise for NZ to give up its tax autonomy.

    cam